April 19, 2021

We’ve Come So Far, SOFR – Update


On March 16, 2021, we released a Client Alert (our “March 16 Client Alert”) that summarized key announcements made on March 5, 2021 regarding the transition away from the US dollar (“USD”) London Interbank Offered Rate (“LIBOR”) and highlighted their impact on the terms of certain transaction types. Since we released our March 16 Client Alert, there have been some key developments related to the transition away from USD LIBOR. We summarize these developments in the following client alert.

To read the full We've Come So Far, SOFR - Update client alert, please click here.